5040 N 40TH Avenue, Phoenix, AZ 85019

$150,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 924 Lot Size (sq. ft.): 1,638 Status: Active

Current Price: $150,000 Last Modified: 9/01/2026

Overview

Description

WOW! Investor Opportunity! Tenant occupied with immediate rental income and potential to increase rents! This Phoenix 2BR/1BA townhome is a premium corner unit featuring tile flooring on the lower level, fresh interior paint, new vinyl flooring, and spacious oversized bedrooms. The updated kitchen offers new cabinets and new granite countertops, included appliances, and a seamless flow into the expansive living room. Additional features include washer/dryer hookups, generous storage, and a secure private courtyard/ pergola patio! Enjoy community walking paths, close to Grand Canyon University, shopping, restaurants, entertainment, and a convenient location with easy access to I-10 and I-17. Great investment opportunity or affordable Phoenix townhome available now!

Listing Details MLS# 7073779

Location, Tax & Legal

House Number: 5040
Compass: N
Street Name: 40TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85019
Zip4: 2875
Country: US
County Code: Maricopa
Assessor Number: 145-27-458
Subdivision: HALLCRAFT VILLAS WEST 3
Tax Year: 2025
Assessor's Map #: 27
Legal Description (Abbrev): LOT 147 HALLCRAFT VILLAS WEST 3 MCR 013920
Assessor's Parcel #: 458
Tax Municipality: Phoenix
Taxes: 372

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Townhouse
Dwelling Styles: Attached
Exterior Stories: Yes
# of Interior Levels: 2
# Bedrooms: 2
Full Bathrooms: Yes
Total Bathrooms: Yes
Approx SQFT: 924
Price/SqFt: 162.34
Horses: N
Builder Name: HALLCRAFT VILLAS
Year Built: 1972
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 1638
Approx Lot Acres: 0.038
Flood Zone: No
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Marketing Name: PHOENIX TOWNHOME FOR SALE
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Elementary School: Alhambra Traditional School
Jr. High School: Alhambra Traditional School
High School: Alhambra High School
Half Bathrooms: 0

Remarks Misc

Cross Street: 40th Ave & Camelback Rd
Directions: East on Camelback, north on 41st Drive, immediately turn right onto frontage road. North on 40th Ave, west on Reade, then turn right to home. Home on the left.

Legal Info

Township: 2N
Range: 2E
Section: 15
Lot Number: 147

Basement

Basement Y/N: N

More Information

Items Updated

Floor Yr Updated: 2024
Floor Partial/Full: Partial
Kitchen Yr Updated: 2024
Kitchen Partial/Full: Partial

Parking Spaces

Slab Parking Spaces: 2
Total Covered Spaces: 0

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

DPR Eligible

DPR Eligible: Yes

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Composition: Yes
Rolled: Yes

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 350
HOA Fee: 153.5
HOA Paid Frequency: Monthly
HOA Name: Crystal Vista
HOA Telephone: 6029579191
HOA Management Company: AAM
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 300
Disclosure Fees HOA: 400
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 153.5

Lockbox Type

See Private Remarks: Yes
None: Yes

Building Style

Clustered: Yes

Master Bathroom

None: Yes

Master Bedroom

Upstairs: Yes

Flooring

Tile: Yes
Vinyl: Yes

Community Features

Biking/Walking Path: Yes
Children's Playgrnd: Yes
Comm Tennis Court(s): Yes
Near Bus Stop: Yes
Near Light Rail Stop: Yes

Dining Area

Eat-in Kitchen: Yes

Heating

Forced Air: Yes
Electric: Yes

Kitchen Features

220 Volts in Kitchen: Yes
Electric Oven: Yes
Electric Range: Yes
Pantry: Yes
Refrigerator: Yes
Walk-in Pantry: Yes
Electric Cooktop: Yes
Granite Counters: Yes

Cooling

Ceiling Fan(s): Yes
Programmable Thmstat: Yes
Central Air: Yes

Laundry

Washer Hookup: Yes
Inside: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Technology

3+ Exist Tele Lines: Yes
Pre-Wire Sat Dish: Yes
Cable TV Avail: Yes
High Speed Internet: Yes

Fencing

Block: Yes

Water Source

City Water: Yes

Exterior Features

Covered Patio(s): Yes
Patio: Yes
Storage: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Assigned Parking: Yes

New Financing

Cash: Yes
Conventional: Yes
FannieMae (HomePath): Yes

Plumbing

Electric Hot Wtr Htr: Yes
WaterSense Toilet(s): Yes

Utilities

SRP: Yes

Existing 1st Loan

Conventional: Yes

Property Description

Corner Lot: Yes

Landscaping

Grass Front: Yes
Grass Back: Yes
Yrd Wtring Sys Front: Yes
Yrd Wtring Sys Back: Yes
Auto Timer H2O Front: Yes
Auto Timer H2O Back: Yes

Services

City Services: Yes

Unit Style

Two Levels: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

By Agreement: Yes
Close of Escrow: Yes

Association Fee Incl

Exterior Mnt of Unit: Yes
Roof Repair: Yes
Roof Replacement: Yes
Blanket Ins Policy: Yes
Front Yard Maint: Yes
Common Area Maint: Yes
Street Maint: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes
Rental OK (See Rmks): Yes
Prof Managed: Yes

Property Features

Special Listing Cond: N/A Building Style: Clustered Master Bathroom: None Master Bedroom: Upstairs Flooring: Tile; Vinyl Spa: None Community Features: Biking/Walking Path; Children's Playgrnd; Comm Tennis Court(s); Near Bus Stop; Near Light Rail Stop Dining Area: Eat-in Kitchen Kitchen Features: 220 Volts in Kitchen; Electric Oven; Electric Range; Electric Cooktop; Refrigerator; Pantry; Walk-in Pantry; Granite Counters Laundry: Washer Hookup; Inside Technology: 3+ Exist Tele Lines; Pre-Wire Sat Dish; Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Patio; Storage Parking Features: Assigned Parking Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition; Rolled Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Forced Air Plumbing: Electric Hot Wtr Htr; WaterSense Toilet(s) Utilities: SRP Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Services: City Services Fencing: Block Property Description: Corner Lot Landscaping: Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks; None Possession: By Agreement; Close of Escrow Unit Style: Two Levels Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Front Yard Maint; Common Area Maint; Street Maint Existing 1st Loan: Conventional New Financing: Cash; Conventional; FannieMae (HomePath) Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: HomeSmart

Last Updated: September - 01 - 2026